RSNYX Fees and Costs — Victory Global Energy Transition Fund, Class Y
Data updated: 2026-08-26
The net expense ratio is 1.15%: a 1.00% management fee plus 0.19% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $633K in broker commissions, 0.1714% of average net assets, and portfolio turnover was 50%.
RSNYX Fees and Expenses
Annual operating expenses and sales charges of RSNYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RSNYX Costs Over Time
On $10,000 invested in RSNYX, assuming 5% a year before costs, total costs come to $821 over 5 years, cutting the return by 1.39% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.15%) | $121 | $375 | $649 |
| Trading costs (broker commissions) | $18 | $56 | $97 |
| Lost growth on money paid in costs | $0 | $21 | $76 |
| Total costs | $139 | $453 | $821 |
| Value after costs | $10,361 | $11,123 | $11,942 |
| Impact on return, per year | 1.39% | 1.39% | 1.39% |
RSNYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1714%
- Total broker commissions: $633K
- Bought from dealers (principal trades, not a cost): $3.2M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $11.3M
- Net income from securities lending: $482K (0.130% of average net assets)
RSNYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $135K | 22.12% |
| UBS Securities LLC | $107K | 17.57% |
| BMO Capital Markets Corp. | $101K | 16.62% |
| Goldman Sachs & Co. LLC | $90K | 14.70% |
| Liquidnet, Inc. | $58K | 9.48% |
| Citigroup Global Markets Inc. | $46K | 7.48% |
| BofA Securities, Inc. | $28K | 4.65% |
| J.P. Morgan Securities LLC | $22K | 3.55% |
| BNP Paribas Securities Corp. | $13K | 2.18% |
| Morgan Stanley & Co. LLC | $10K | 1.65% |
RSNYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $2.6M | 81.10% |
| Sunrise Metals | $601K | 18.90% |
Victory Global Energy Transition Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RSNYX | Class Y | 1.15% | none |
| RSNRX | Class A | 1.48% | 5.75% |
| RGNCX | Class C | 2.28% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.